DESCRIPTION Exceptional Gem 1923-S Monroe Half DollarJust 1 Finer at CAC1923-S Monroe Doctrine Centennial. MS-66+ (PCGS). CAC.
Vibrant pastel toning accents the intense luster across this Gem Monroe half dollar. Swaths of vibrant peach and violet toning contrast faint powder-blue and lemon-yellow color on both sides. The surfaces beneath are fully undisturbed and well struck. At MS-66+, this example ranks among the finest for this conditionally-challenged issue and just a single coin is listed finer at CAC. It is surely destined for an advanced set of Classic Silver Commemoratives.
Authorized by an act of Congress dated January 24, 1923, these half dollars were intended to commemorate the centennial of the announcing of the Monroe Doctrine. The San Francisco Mint struck 274,000 examples, plus an additional 77 coins for assay purposes; most coins distributed by the Los Angeles Clearing House at $1 each. Approximately 27,000 examples were sold, either through the Clearing House or at the American Historical Revue and Motion Industry Exposition, which backed the issue as a source of revenue for the event. The remaining pieces failed to sell and were released into circulation, explaining the abundance of EF and AU examples. Most Mint State examples are no finer than MS-64, and Gems like the present piece are undeniably rare. PCGS# 9333
.NGC ID: BYH4
PCGS Population: 17; 13 finer.
CAC Population: 23; 1 finer